Opinion & Analysis
Investors who do more harm than good
The sugar sub-sector appears to be the arena most susceptible to the vagaries of dubious investments. Photo/FILE
Posted Wednesday, November 11 2009 at 00:00
All chiefs and their assistants in Nyarongi division have reportedly been exhorted to ensure land is obtained for the factory.
The Kenya Sugar Board, the provincial administration, and Nema remain silent as cardinal investment regulations and procedures are flagrantly violated.
The chairman of the sugar board Mr Okoth Obado participated as a guest on a vernacular radio station show, Ramogi, championing the interests of this investor on the night of 29th September.
He supposedly said the investment is so good it does not require a feasibility study.
Owiti is director, Centre for Independent Research.
RSS